Ryanair forecast a net loss of between 850 million and 950 million euros in its current year to March despite the vaccines rollout. Ryanair reported a slump in third-quarter revenues on Monday, as it forecast a near-€1bn annual loss for "the most challenging year" in its 35-year history. [Full Article...]
Asos has acquired Topshop and other Arcadia brands in "a hugely exciting moment" as it seeks to "drive growth globally and accelerate its brand strategy". Its collapse was the biggest corporate failure of the COVID-19 pandemic so far. The demise of Arcadia closed the chapter on a retail career which had seen Sir Philip hailed as king of the high street but later heavily criticised over his ro... [Full Article...]
In a letter to the Department of Health , Aurélia Nguyen, Managing Director of Office of the COVAX Facility, said that the Philippines has been selected for participation in the first wave of Pfizer BNT162b2 vaccine distribution round, following review of the country readiness plan and WHO's epidemiological assessment. [Full Article...]
The news caps off a week of online businesses snapping up their older high street rivals. Boohoo , which announced earlier this week that it was buying up the Debenhams brand for £55m , said the discussions may or may not result in agreement of a transaction and a further announcement will be made when appropriate. [Full Article...]
In 1947, India's first Finance Minister R.K. Shanmukham Chetty carried a leather portfolio to present the first Budget. After the budget is presented in the parliament, all documents will be uploaded on the Mobile app . This will be her third Budget as Finance Minister under the Narendra Modi-led government. Parliamentary Affairs Minister Pralhad Joshi said on Saturday that the budget session, ... [Full Article...]
The price of now-embattled cryptocurrency XRP surged by up to 86%-just a day after Ripple Labs filed its response to the U.S. Securities and Exchange Commission's (SEC) $1.3 billion lawsuit hanging over the company's head. Part of its defense is that XRP performs a number of functions that differentiates it from securities. A Freedom of Information Act request allows the party that files the req... [Full Article...]
Readings above 50 indicate expansion of the manufacturing industry, while a reading below it reflects a contraction. "Recently, local clusters of the epidemic emerged successively in many places across the country, and the production and operations of some enterprises were temporarily affected", said National Bureau of Statistics (NBS) senior statistician Zhao Qinghe. [Full Article...]
Britain's International Trade Secretary Liz Truss is to formally request United Kingdom membership of the free-trade bloc, which represents 11 Pacific Rim nations including Australia, Canada , Chile, Japan , Mexico and Vietnam , on Monday. [Full Article...]
Ryanair forecast a net loss of between 850 million and 950 million euros in its current year to March despite the vaccines rollout. Ryanair reported a slump in third-quarter revenues on Monday, as it forecast a near-€1bn annual loss for "the most challenging year" in its 35-year history. [Full Article...]
Asos has acquired Topshop and other Arcadia brands in "a hugely exciting moment" as it seeks to "drive growth globally and accelerate its brand strategy". Its collapse was the biggest corporate failure of the COVID-19 pandemic so far. The demise of Arcadia closed the chapter on a retail career which had seen Sir Philip hailed as king of the high street but later heavily criticised over his ro... [Full Article...]
In a letter to the Department of Health , Aurélia Nguyen, Managing Director of Office of the COVAX Facility, said that the Philippines has been selected for participation in the first wave of Pfizer BNT162b2 vaccine distribution round, following review of the country readiness plan and WHO's epidemiological assessment. [Full Article...]
The news caps off a week of online businesses snapping up their older high street rivals. Boohoo , which announced earlier this week that it was buying up the Debenhams brand for £55m , said the discussions may or may not result in agreement of a transaction and a further announcement will be made when appropriate. [Full Article...]
In 1947, India's first Finance Minister R.K. Shanmukham Chetty carried a leather portfolio to present the first Budget. After the budget is presented in the parliament, all documents will be uploaded on the Mobile app . This will be her third Budget as Finance Minister under the Narendra Modi-led government. Parliamentary Affairs Minister Pralhad Joshi said on Saturday that the budget session, ... [Full Article...]
The price of now-embattled cryptocurrency XRP surged by up to 86%-just a day after Ripple Labs filed its response to the U.S. Securities and Exchange Commission's (SEC) $1.3 billion lawsuit hanging over the company's head. Part of its defense is that XRP performs a number of functions that differentiates it from securities. A Freedom of Information Act request allows the party that files the req... [Full Article...]
Readings above 50 indicate expansion of the manufacturing industry, while a reading below it reflects a contraction. "Recently, local clusters of the epidemic emerged successively in many places across the country, and the production and operations of some enterprises were temporarily affected", said National Bureau of Statistics (NBS) senior statistician Zhao Qinghe. [Full Article...]
Britain's International Trade Secretary Liz Truss is to formally request United Kingdom membership of the free-trade bloc, which represents 11 Pacific Rim nations including Australia, Canada , Chile, Japan , Mexico and Vietnam , on Monday. [Full Article...]